This paper explores the effects of the social security system on retirement and labor supply decisions. Due to the regulations established by Chilean social security law re-form, two social security systems coexist in Chile: the “Pay-As-You-Go ” and the indi-vidual account system. The coexistence of the systems allows us to better understand the effects of both social security systems on retirement and labor supply. We find that (1) larger benefits in any social security system induce earlier retirement and (2) larger vari-ance of benefits in the individual account system induces later retirement. We do not find major impacts of social security on labor supply of individuals in the labor force. I
This article investigates the causes in the reduction of labor force participation of the old. We ar...
The purpose of this project is to simulate and measure the potential labor incentive effects of prop...
One of the major economic reforms in the Chilean economy was the 1981 pension reform. In that year, ...
The paper explores the effects of the social security system over retirement and labor supply decisi...
Recent research has argued that incentives stemming from social security systems influence the worke...
Postponing retirement will become increasingly important as a means to increase labor force, its out...
Recent theoretical and empirical research has argued that incentives stemming from social security s...
This paper describes the effects of pension benefits on pre-retirement labor supplyfor a...
This paper develops and estimates a dynamic model of individual’s and couples’ labor supply and savi...
In 1981 Chile shifted its social security system from a defined benefit to an actuarially fair defin...
Summary Wealth holdings are particularly important in developing economies as they allow individuals...
Chile became in 1981 the first country to opt for a pension program based on privately-managed indiv...
In this paper, I develop a general equilibrium model of life cycle labor supply with both an intensi...
Using some new international data sets to produce both country-panel econometric estimates as well a...
[Excerpt] This CRS report focuses on the Chilean individual retirement accounts system. It begins w...
This article investigates the causes in the reduction of labor force participation of the old. We ar...
The purpose of this project is to simulate and measure the potential labor incentive effects of prop...
One of the major economic reforms in the Chilean economy was the 1981 pension reform. In that year, ...
The paper explores the effects of the social security system over retirement and labor supply decisi...
Recent research has argued that incentives stemming from social security systems influence the worke...
Postponing retirement will become increasingly important as a means to increase labor force, its out...
Recent theoretical and empirical research has argued that incentives stemming from social security s...
This paper describes the effects of pension benefits on pre-retirement labor supplyfor a...
This paper develops and estimates a dynamic model of individual’s and couples’ labor supply and savi...
In 1981 Chile shifted its social security system from a defined benefit to an actuarially fair defin...
Summary Wealth holdings are particularly important in developing economies as they allow individuals...
Chile became in 1981 the first country to opt for a pension program based on privately-managed indiv...
In this paper, I develop a general equilibrium model of life cycle labor supply with both an intensi...
Using some new international data sets to produce both country-panel econometric estimates as well a...
[Excerpt] This CRS report focuses on the Chilean individual retirement accounts system. It begins w...
This article investigates the causes in the reduction of labor force participation of the old. We ar...
The purpose of this project is to simulate and measure the potential labor incentive effects of prop...
One of the major economic reforms in the Chilean economy was the 1981 pension reform. In that year, ...